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Real Estate Briefing - Categorized | Finance, Market Moves more

Macau: High prices strangling second-hand market: Realtor

Posted on 23 April 2013

The second-hand real estate market is being negatively impacted by a mismatch between the prices asked by sellers and bank valuations, Centaline (Macau) Property Agency Ltd writes in its latest market review.
The realtor’s March review says bank valuations of second-hand homes are far from the prices asked by sellers, adding to the buyers’ down payment costs, our sister publication Business Daily reports………………………………………..Full Article: Source


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